This article comes from: Tencent Technology, the title map is from: Visual China.
According to foreign media reports, Apple released its fourth-quarter earnings report for the fiscal year ending September 20, 2019, on September 28, 2019. The financial report showed that Apple’s fourth-quarter revenue was $64.40 billion, up 2% year-on-year; net profit was $13.686 billion, down 3% year-on-year.
Executive Reviews:
“With the accelerated growth of services, wearables and iPads, we ended our groundbreaking 2019 fiscal year with the company’s fourth-quarter revenue,” Apple CEO Tim Cook said. “As customers and critics warmly talk about the next-generation iPhone, the noise-removing AirPods Pro released today, the Apple TV+ that people are eagerly awaiting to release in two days, and our best lineup of products and services ever, we Very optimistic about the prospects for the holiday season.”
Apple Chief Financial Officer Luca Mestri (Luca Maestri) said: “Our strong business performance is driving the fourth quarter Earnings per share reached a record $3.03 for the same period; operating cash flow also reached a record $19.9 billion. We also returned more than $21 billion to shareholders in the fourth quarter, including nearly $18 billion in stock repurchases and 35 US$100 million in dividends and equivalents. We will continue to work hard to achieve a net cash neutral position.”
fourth quarter
In the fourth quarter ended September 28, 2019, Apple’s net profit was $13.686 billion, down 3% from $14.125 billion in the same period last year; diluted earnings per share were $3.03, compared to $2.91 in the same period last year. Increase by 4%.